*UPDATED* The XBRL Standards Board (XSB) has approved, at the request of the Rendering Working Group, the Proposed Recommendation for version 1.1 of the Specification for Inline XBRL. The Specification documents can be found on the XII website at: http://specifications.xbrl.org/under-development.html
XBRL International is pleased to announce that the XBRL Standards Board, at the request of the Rendering Working Group, has approved as an updated Public Working Draft (PWD) the Table Linkbase 1.0.
The XBRL International Best Practice Board has released a taxonomy_quality_control document highlighting three key contributing factors which influence the Quality in an XBRL Taxonomy, including: Project Governance Structure Iterative Processes for Taxonomy Development, Test and Review; and Skilled Resources in areas such as domain and XBRL technology experts. Architectural issues at the design stage, internal and external […]
Read a series of articles from South Africa’s Business Day Live on the state of Integrated Reporting in that country, including XBRL, the use of which Tiani Annandale, senior consultant at Cortell Corporate Performance Management, sees as essential for any multi-national in South Africa. Read the Articles. http://www.istockphoto.com/photo/two-businessmen-shaking-hands-with-flag-of-south-africa-38225294?st=bf8fcdf
The XBRL International Best Practices Board (BPB) has coordinated and prepared comments on the Integrated Reporting Framework Consultation Draft (CD). Read the XII IIRC Response. The Framework provides businesses for a way to report how an organization’s strategy, governance, performance and prospects lead to the creation of value over the short, medium and long term. http://www.istockphoto.com/photo/close-up-of-financial-graph-25879786?st=887cb4c
The IASB XBRL team is re-establishing a project to examine and develop common industry practice concepts for the IFRS taxonomy. The team is looking to work directly with companies representing a variety of industries and regions in order to increase comparability, decrease the number of XBRL extensions, and reduce the burden on preparers. The process […]
The board of directors of Securities and Commodities Authority (SCA) has approved a draft regulation for trading in capital increase issue rights. The approval, which came during a board meeting, held at the SCA’s Dubai headquarters and presided over by the board chairman, H.E Sultan bin Saeed Al-Mansoori, Minister of Economy, was part of the […]
For the purpose of development of taxonomy, insurance specific elements were identified and compiled as per the requirements of Insurance Act, circulars and regulations issued by the IRDA and various other statutory requirements and certain common practice elements based on annual reports of Insurance companies. Since the schedules for presentation of financial statements, laid down […]
The 4th XBRL Asia Roundtable was held in Suzhou during which cooperation and coordination of XBRL in the region was discussed and the establishment of an organization, XBRL Asia (tentatively named), was proposed. The proposal was jointly supported by XBRL Australia, China, India, Japan, Korea and Singapore.
EU Member States have accepted the amendments to the Directive on the Harmonisation of Transparency for listed securities requiring “A harmonised electronic format for reporting” and the specification of an “electronic reporting format, with due reference to current and future technological options, such as eXtensible Business Reporting Language (XBRL).” Read the full text. http://www.istockphoto.com/photo/glass-sphere-euro-one-6345250?st=9c3cbc3
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